1% growth script

Hello,
This is my first post here, but after reading a lot I have a question for you experts.
I was wondering how hard it would be to setup a program to take a list of symbols that you input, buy it at the opening, but only if it is less than the average. After it buys the stock, it would automate a sell at .005% gain or if there was a lot of volume, indicating a sale.
Also put in a .005% stop for loss prevention.
Would something like that work? Did what I say make sense?


Thanks,
Mike

 

Commissions & slippage.

 

With enough capital though couldn't it compound on itself and then you wouldn't have to worry about fees either.

Mike

 

it sounds like you want to flip a coin, and pay each time to do so.

 

Just try to do it first by hand to see if it really works before you go to write a program.